40, Paxman Avenue
40, Paxman Avenue
Description & Estimates
According to the public record, 40, Paxman Avenue, Colchester is a mid-century apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Paxman Avenue, Colchester is £200,767 and the estimated rental value is £1,089 per month.
Paxman Avenue, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
Our Data Sources
40, Paxman Avenue, Colchester has no records in the the Land Registry and a single entry in the EPC database dated June 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 40, Paxman Avenue, Colchester is in very good condition we estimate a sale value of £210,805 and a rental value of £1,143 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,713 and a rental value of £1,013 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 40, Paxman Avenue, Colchester has moved down by £1,044 (0.5%), while its estimated rental value has increased by £32 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 6.5%.
Energy Efficiency
40, Paxman Avenue, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Paxman Avenue, Colchester within a radius of 610 metres over the last 2 years.
The most recent example is 46, Paxman Avenue, Colchester, CO2 9DB, a leasehold flat which sold for £200,000 on the 26th September 2024.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Paxman Avenue, Colchester, CO2 has a total of 62 addresses. According to our analysis of all the public data, 40, Paxman Avenue, Colchester is the 18th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in CO2.
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Schools Nearby
- 300mGosbecks Primary School
- 600mKing's Ford Infant School and Nursery
- 600mKings Ford Academy
- 100mPaxman Academy
- 1.1kmPhilip Morant School and College
- 1.6kmSt Benedict's Catholic College
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Public Transport Nearby
The closest station to 40, Paxman Avenue, Colchester is Colchester Town station, which is 3.0 kilometres away.
- 3.0kmColchester Town
- 3.6kmColchester
- 4.3kmHythe (Essex)
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
